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Commercial Sale· Retail

4990 VICTORIA DRIVE

Vancouver, BC V5P 3T6 · Victoria VE

$4,200,000

Type

Commercial Sale

Category

Retail

Lot Size

0.14 acres

Zoning

C-2

Year Built

1993

Units

4

Taxes (2026)

$30,819

About This Property

Avison Young is proud to present the opportunity to acquire 4990 Victoria Drive, a strategically located corner property in the heart of Vancouver, British Columbia. Situated along the prominent Victoria Drive corridor, this property offers exceptional visibility and frontage, making it an ideal asset for both immediate income and long-term redevelopment potential. The property comprises a well-positioned commercial retail unit at grade and three fully leased residential rental units on the second floor, providing stable holding income from day one. Its corner lot configuration enhances accessibility and future design flexibility-key attributes for urban development. As a prime candidate for land assembly, 4990 Victoria Drive represents a pivotal piece for unlocking greater density and value through the City of Vancouver's C-2 zoning policy, which supports mixed- use redevelopment.

MLS® C8082778. Listed by Avison Young Commercial Real Estate Services, LP. Commercial MLS® data provided by Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack & District Real Estate Board, and BC Northern Real Estate Board. Information deemed reliable but not guaranteed.

Interested in this property?

Eni Mece — Sutton Group West Coast Realty

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